LatAm Briefs: Cañadón Wind Farm, Argentina Investment Law

(Energy Analytics Institute, 19.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina eying the start up of the Cañadón wind farm as well as the government of Argentina President Alberto Fernández continuing to promote the country’s hydrocarbon investment law.

YPF Eyes Start Up Of Cañadón Wind Farm

Santa Cruz governor Alicia Kirchner and other provincial and municipal authorities announced the planned mid-year start-up of the Cañadón wind farm, which will have an installed capacity of 120 megawatts (MW), Argentina’s YPF announced 19 March 2021 in an official statement over social media.

Argentina Promotes Hydrocarbon Investment Law

To achieve objectives set out by Argentina’s President Alberto Fernández it is “fundamental that the law promoting hydrocarbon investments provides a predictable framework, clear and stable rules,” Argentina’s Hydrocarbon Secretariat Darío Martínez wrote in a social media post.

Meetings with principal actors in the hydrocarbon industry, workers from the sector, small-to-medium sized enterprises, regional companies, producers, refineries, and provincial governments will continue over the short-term as the Argentine government continues to promote the hydrocarbon investments law, Martínez said on 19 March 2021.

“The aim is to attract necessary investments to boost production and exports, generate employment opportunities and develop the hydrocarbon sector,” he said.

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By Aaron Simonsky. © Energy Analytics Institute (EAI). All Rights Reserved.